Save Money On Gas By Driving Slower
I have heard that by driving slower, say around 55 or 60, that you could save money on gas. PFAdvice says you can save up to 20% by driving slower. I was skeptical, but I’ve been trying over the past couple weeks, and it works.
Before, I used to average at least 75-80 mph on the highway. Even though I drive on the dreaded 405 every morning through the Westside (if you’re not from Southern California, think of the worst traffic zone in your area, then mulitple by 1,000,000,000,000,000 and you’ll get an idea), I wake up at 5am so the road is pretty clear. The past two weeks I’ve been changing my driving habits. I’ve kept my speed as steady as I could, using cruise control when possible, slower acceleration, less braking, and trying to stay behind large trucks whenever possible to cut down on wind resistance. I’d say my average speed for the last two weeks was around 65 mph.
Because I keep extensive gas mileage statistics, I know I’ve been getting around 18.5 mpg for the past 2 years. My best mileage, ever, per gallon for a tank of gas was 20.69. Well this past week, I averaged 22.2 MPG. A new record for me and a 20% increase over my average MPG, and nearly 10% better than my previous best! I couldn’t believe it!
If I’ve been speding $200 a month on gas, which I have been, a 20% savings will save me $40 per month, and $480 for the year. All for driving 10 MPH slower.
Now you’re probably thinking to yourself, ‘well sure your saving a few bucks, but it takes you forever to get to work.’ While it’s true it will take longer to get places, but probably not as much as you think. My commute is about 35 miles door to door. Ignoring traffic congestion, stop lights, and city streets for a minute, if I average 75 MPH, it will take 28 minutes to get to work. If I average 65 MPH, it will take me 32 minutes. A difference of only 4 minutes. Not that big of a deal.
Besides the gas savings, there are plenty of other benefits. For one, it’s a lot safer driving slower, and I never have to worry about speeding tickets. I’ve also noticed I’m much less stressed while driving. Before I’d get upset if there was a slow driver in front of me or if traffic was moving too slow. Now, I almost hope traffic is moving slower (55 PM would be ideal).
So there you have it. Slow down, and save $500 a year. Try it out for yourself.
Posted on Wednesday, March 21, 2007 @ 6:32 am by BudgetFreak
Filed Under: Budget , Statistics , Tips , Expenses , Saving Money
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on 21 Mar 2007 at 8:16 am 1.Melissa said …
Oh Budget boy, I love you, as my twin, but you are a bit nerdy!
I feel I should embed the “white and nerdy” video from Weird Al ;o) Share this info with Jon. I could use some less stressful times in the car - as we always fight when he yells at those slower drivers!!!
on 21 Mar 2007 at 2:50 pm 2.brian said …
Don’t forget that you are doing your part in the war on terra, keeping your gas dollars out the hands of terraists.
Seriously, in your 35 mile commute you are saving 4 gallons of gas a week (not counting weekends and recreational driving). That’s about 200 gallons of gasoline a year. A savings that could reach into the billions and billions of gallons for our country as a whole — way more oil than we’ll find in ANWR.
on 21 Mar 2007 at 10:58 pm 3.Wanda said …
Hey.. stumbled on your blog through pfblogs. I really enjoy your writing… and can’t believe that you can get 35 miles in 32 minutes. When I drove in LA, it was pretty bad.
on 22 Mar 2007 at 6:01 am 4.BudgetFreak said …
Thanks for the comments!
Melissa: I used to be just like Jon, screaming at other cars, banging on the steering wheel. Now, I just sit back and enjoy the ride, and save some money.
Brian: Thanks for doing the math, and you’re right about saving 200 gallons a year. Saving money and the enviroment in one shot. Win, win.
Wanda: Thanks for stopping by. The only reason I’m able to get there in 32 minutes is because I leave at 5am. If I left at a normal hour, it would take me over an hour to get to work.
on 26 Mar 2007 at 5:15 pm 5.Tired but happy said …
Carnival of Personal Finance No. 93…
Welcome to the 93rd edition of the Carnival of Personal Finance, and welcome to *Tired but happy*….